PSB takes EPAL side in combo-card row 20 August 2012 5:10PM The Payments System Board continues to delve into corners of the retail payments market in a manner amenable to the strategies of the Eftpos scheme. read more
US money market funds reduce A$ assets 17 August 2012 4:57PM Improving sentiment towards banks in the core of the eurozone during July saw US money market funds reduce their holdings of short-term debt from Australian banks. read more
Institutional push on at CBA 16 August 2012 5:15PM The institutional banking business at Commonwealth Bank is making one of its periodic pushes to lift its market share, an effort that on this occasion may enjoy the support of the bank's CEO. read more
Dividend machine churns at Commonwealth Bank 16 August 2012 5:13PM Commonwealth Bank lifted its dividend payout ratio to 75 per cent in the 2012 full year and resolved that it would pay more of the dividend following the half year profit in future. read more
Chinese fraud dents Asian profit for CBA 16 August 2012 5:04PM Commonwealth Bank's story of profit growth in Asia - which is driven by investments in Indonesia and China - continues to be hampered by the little discussed fraud in 2010 at Qilu Bank, in which CBA.. read more
ANZ updates Asian options 16 August 2012 5:00PM ANZ's CEO yesterday voiced fresh frustration over APRA's approach to the measurement of capital and said the bank may have to adapt its strategy if the regulator sticks with its present approach. read more
NAB limits quarterly disclosure 15 August 2012 6:11PM Cash earnings tracked sideways at National Australia Bank for a third successive quarter in June. The bank said its cash earnings were $A$1.4 billion, while net profit was $$1.2 billion. read more
Securency committal underway 15 August 2012 6:03PM The committal hearing on bribery and related charges of eight people associated with banknote manufacturer Securency began yesterday. read more
Households driven to borrow more 14 August 2012 4:28PM There are signs of a response in the level of credit being demanded by households in the latest monthly data from the ABS that could point to a stronger recovery than other, partial, measures of dem.. read more
FOS ruling upheld by court 14 August 2012 4:25PM A ruling by the Financial Ombudsman Service that a financial planning business must compensate two clients has been upheld by the Supreme Court of Western Australia. read more